We strongly advise that you get in touch with your marina or harbourmaster and get written confirmation that your boat was on her berth in the UK at this time.

Uk boat vat. Well help you find or build the Cobalt Boat of your dreams call us today to get started. As a consequence VAT is chargeable on boats imported into the EU and on boats purchased and owned by residents of the EU who are using their boat within the EU. Boats built after 1 January 1985 should have had VAT paid by the first owner or importer and evidence of this should come in the form of a VAT certificate or invoice.

VAT Exempt is different to VAT free zero rated. 175 in the UK and even higher percentages in some Scandinavian countries. The VAT in Spain is currently 16 of a boats assessed value as opposed to eg.

A used boat from anywhere in the EU will now likely have to pay UK VAT on entry to the UK presently 20. But this will end after the transition period at. At the end of last year Her Majestys Revenue and Customs HMRC announced that owners of boats which have been in the UK under present ownership and were in the EU at the end of the Brexit transition period could avoid paying a second VAT payment if the vessel returned to the UK before 31 December 2021.

Naturally boats owned by UK residents which are VAT paid and sitting within UK waters as at 23h00 hours on Thursday 31 st December 2020 will be accepted as VAT paid in the UK. As previously reported in PBO since 1 January 2021 British ownedregistered boats are only permitted free circulation VAT paid in EU countries under specific conditions. If nothing is said about VAT in the purchase documentation the price includes any VAT due.

This applies to new and second hand boats. British recreational boats can travel freely in EU and UK waters without paying customs duties if VAT has already been paid on the boat in the EU. Although this is not conclusive proof VAT has been paid it indicates that the tax status is the responsibility of UK authorities.

Currently non-EU sailors are able to keep their boats in the EU for 18 months continually under the EUs Temporary Importation rules before paying EU VAT. A good illustration of the variability in assessed value is the recent sale of the 1984 Westerly Seahawk reported. The CA understands that HMRC may be considering changing the interpretation of VAT rules so that after the Brexit transition period all boat owners established in the UK whose boats have been in the EU for the last three years or longer will pay VAT for a second time if they want to bring their boats.